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FirstCash Holdings, Inc.（FCFS）与ORMAT TECHNOLOGIES, INC.（ORA）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是ORMAT TECHNOLOGIES, INC.的1.2倍（$501.3M vs $403.9M），FirstCash Holdings, Inc.净利率更高（20.8% vs 10.9%，领先9.9%），ORMAT TECHNOLOGIES, INC.同比增速更快（75.8% vs 21.2%），过去两年ORMAT TECHNOLOGIES, INC.的营收复合增速更高（37.7% vs 16.9%）
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
Ormat Technologies是总部位于美国内华达州里诺的跨国企业，主打可再生地热能源技术，累计建成超190座电站，总装机容量超3200兆瓦；截至2021年1月自主运营933兆瓦地热及余热回收电站，还向全球多国供应超千台涡轮增压器。
FCFS vs ORA — 直观对比
营收规模更大
FCFS
是对方的1.2倍
$403.9M
营收增速更快
ORA
高出54.6%
21.2%
净利率更高
FCFS
高出9.9%
10.9%
两年增速更快
ORA
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $403.9M |
| 净利润 | $104.2M | $44.1M |
| 毛利率 | — | 29.8% |
| 营业利润率 | 28.5% | 19.9% |
| 净利率 | 20.8% | 10.9% |
| 营收同比 | 21.2% | 75.8% |
| 净利润同比 | 24.7% | 9.2% |
| 每股收益（稀释后） | $2.35 | $0.71 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FCFSORA
| Q1 26 | — | $403.9M | ||
| Q4 25 | $501.3M | $276.0M | ||
| Q3 25 | $411.0M | $249.7M | ||
| Q2 25 | $385.1M | $234.0M | ||
| Q1 25 | $371.1M | $229.8M | ||
| Q4 24 | $413.7M | $230.7M | ||
| Q3 24 | $363.1M | $211.8M | ||
| Q2 24 | $363.5M | $213.0M |
净利润FCFSORA
| Q1 26 | — | $44.1M | ||
| Q4 25 | $104.2M | $31.4M | ||
| Q3 25 | $82.8M | $24.1M | ||
| Q2 25 | $59.8M | $28.0M | ||
| Q1 25 | $83.6M | $40.4M | ||
| Q4 24 | $83.5M | $40.8M | ||
| Q3 24 | $64.8M | $22.1M | ||
| Q2 24 | $49.1M | $22.2M |
毛利率FCFSORA
| Q1 26 | — | 29.8% | ||
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 25.6% | ||
| Q2 25 | — | 24.3% | ||
| Q1 25 | — | 31.7% | ||
| Q4 24 | — | 31.9% | ||
| Q3 24 | — | 27.8% | ||
| Q2 24 | — | 28.8% |
营业利润率FCFSORA
| Q1 26 | — | 19.9% | ||
| Q4 25 | 28.5% | 15.4% | ||
| Q3 25 | 27.4% | 16.2% | ||
| Q2 25 | 21.1% | 15.1% | ||
| Q1 25 | 30.0% | 22.2% | ||
| Q4 24 | 26.5% | 21.3% | ||
| Q3 24 | 23.5% | 16.8% | ||
| Q2 24 | 18.2% | 16.5% |
净利率FCFSORA
| Q1 26 | — | 10.9% | ||
| Q4 25 | 20.8% | 11.4% | ||
| Q3 25 | 20.1% | 9.7% | ||
| Q2 25 | 15.5% | 12.0% | ||
| Q1 25 | 22.5% | 17.6% | ||
| Q4 24 | 20.2% | 17.7% | ||
| Q3 24 | 17.9% | 10.4% | ||
| Q2 24 | 13.5% | 10.4% |
每股收益（稀释后）FCFSORA
| Q1 26 | — | $0.71 | ||
| Q4 25 | $2.35 | $0.51 | ||
| Q3 25 | $1.86 | $0.39 | ||
| Q2 25 | $1.34 | $0.46 | ||
| Q1 25 | $1.87 | $0.66 | ||
| Q4 24 | $1.86 | $0.67 | ||
| Q3 24 | $1.44 | $0.36 | ||
| Q2 24 | $1.08 | $0.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $125.2M | $654.6M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $2.7B |
| 总资产 | $5.3B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资FCFSORA
| Q1 26 | — | $654.6M | ||
| Q4 25 | $125.2M | $147.4M | ||
| Q3 25 | $130.2M | $79.6M | ||
| Q2 25 | $101.5M | $88.5M | ||
| Q1 25 | $146.0M | $112.7M | ||
| Q4 24 | $175.1M | $94.4M | ||
| Q3 24 | $106.3M | $88.1M | ||
| Q2 24 | $113.7M | $66.3M |
总债务FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $2.7B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — |
股东权益FCFSORA
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.3B | $2.5B | ||
| Q3 25 | $2.2B | $2.5B | ||
| Q2 25 | $2.1B | $2.5B | ||
| Q1 25 | $2.1B | $2.5B | ||
| Q4 24 | $2.1B | $2.4B | ||
| Q3 24 | $2.0B | $2.4B | ||
| Q2 24 | $2.0B | $2.4B |
总资产FCFSORA
| Q1 26 | — | $6.8B | ||
| Q4 25 | $5.3B | $6.2B | ||
| Q3 25 | $5.2B | $6.1B | ||
| Q2 25 | $4.5B | $6.0B | ||
| Q1 25 | $4.4B | $5.8B | ||
| Q4 24 | $4.5B | $5.7B | ||
| Q3 24 | $4.4B | $5.6B | ||
| Q2 24 | $4.3B | $5.5B |
负债/权益比FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | 1.05× | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | 0.97× | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 0.85× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $206.6M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | $206.6M | $105.0M | ||
| Q3 25 | $135.8M | $45.2M | ||
| Q2 25 | $116.9M | $96.9M | ||
| Q1 25 | $126.6M | $88.0M | ||
| Q4 24 | $198.1M | $158.6M | ||
| Q3 24 | $113.1M | $106.4M | ||
| Q2 24 | $106.2M | $30.7M |
自由现金流FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | — | $-40.0M | ||
| Q3 25 | — | $-102.1M | ||
| Q2 25 | — | $-37.9M | ||
| Q1 25 | — | $-104.6M | ||
| Q4 24 | — | $30.9M | ||
| Q3 24 | — | $-3.3M | ||
| Q2 24 | — | $-116.1M |
自由现金流率FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | — | -14.5% | ||
| Q3 25 | — | -40.9% | ||
| Q2 25 | — | -16.2% | ||
| Q1 25 | — | -45.5% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | — | -1.6% | ||
| Q2 24 | — | -54.5% |
资本支出强度FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | — | 52.6% | ||
| Q3 25 | — | 59.0% | ||
| Q2 25 | — | 57.6% | ||
| Q1 25 | — | 83.8% | ||
| Q4 24 | — | 55.4% | ||
| Q3 24 | — | 51.8% | ||
| Q2 24 | — | 69.0% |
现金转化率FCFSORA
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 3.35× | ||
| Q3 25 | 1.64× | 1.87× | ||
| Q2 25 | 1.95× | 3.45× | ||
| Q1 25 | 1.51× | 2.18× | ||
| Q4 24 | 2.37× | 3.89× | ||
| Q3 24 | 1.74× | 4.82× | ||
| Q2 24 | 2.16× | 1.38× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
ORA
| Electricity | $181.6M | 45% |
| Product | $177.4M | 44% |
| Energy storage | $44.9M | 11% |
